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<br />SECTION III. The Common Council hereby determines and finds that the proposed
<br />described redevelopment or rehabilitation can be reasonably expected to yield the
<br />benefits identified in the Statement of Benefits set forth in sections I through II
<br />of the Petition for Real Property Tax Abatement Consideration and that the Statement
<br />of Benefits form prescribed by the State Board of Accounts are sufficient to justify
<br />the deduction granted under Section 6 -1.1- 12.1 -3 of the Indiana Code.
<br />SECTION IV. The Common Council hereby accepts the report and recommendation of
<br />the Human Resources and Economic Development Committee that the area herein
<br />described be designated an Economic Revitalization Area and hereby adopts a
<br />resolution designating this area as an Economic Revitalization Area for purposes of
<br />real property tax abatement.
<br />SECTION V. The designation as an Economic Revitalization Area shall be limited
<br />to two (2) calendar years from the date of the adoption of this Resolution by the
<br />common Council.
<br />SECTION VI. The Common Council hereby determines that the property owner is
<br />qualified for and is granted property tax deduction for a period of three (3) years.
<br />SECTION VII. The Common Council directs the City Clerk to cause notice of the
<br />adoption of this Declaratory Resolution for Real Property Tax Abatement to be
<br />published, said publication providing notice of the public hearing before the Common
<br />Council on the proposed confirming of said declaration.
<br />SECTION VIII. This Resolution shall be in full force and effect from and after
<br />its adoption by the Common Council and approval by the Mayor.
<br />/s/ John Voorde
<br />Member of the Common Council
<br />RESOLUTION NO. 1670 -88 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
<br />SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
<br />SOUTH BEND, INDIANA COMMONLY KNOWN AS 301 EAST SAMPLE
<br />STREET AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF
<br />A 5 YEAR PERSONAL PROPERTY TAX ABATEMENT FOR MOSSBERG &
<br />COMPANY, INC .
<br />WHEREAS, a petition for personal property tax abatement has been filed with the
<br />City Clerk for consideration by the Common Council of the City of South Bend,
<br />Indiana, requesting that the area commonly known as 301 East Sample Street, South
<br />Bend, Indiana, and which is more particularly described as follows:
<br />Lots Numbered One (1) and Two (2) as shown on the recorded Plat of William S.
<br />Anderson's Subdivision of Lot 40 in Denniston and Fellow's Addition to the City of
<br />South Bend, excepting the South 40 feet for the widening of Sample Street, and
<br />together with the South Half of that part of the vacated 14 foot East -West alley
<br />lying North and adjacent to said Lot 2.
<br />Lots Numbered Eleven (11), Twelve (12), Thirteen (13), Fourteen (14), Fifteen (15),
<br />Sixteen (16), Seventeen (17), Eighteen (18), Nineteen (19) and Twenty (20) as shown
<br />on the recorded plat of John C. Knoblock's Subdivision of Out Lot Thirty -nine (39)
<br />in Denniston & Fellows Addition to the Town, now City of South Bend, recorded March
<br />28, 1902, in Plat Book 8, Page 69, together with the vacated East -West alley lying
<br />between Lots Numbered Fifteen (15) and Sixteen (16); excepting the South Forty (40)
<br />feet of Lots Numbered Nineteen (19) and Twenty (20) heretofore conveyed to the Civil
<br />City of South Bend, Indiana for street and roadway purposes.
<br />Also Lots Numbered Three (3), Four (4), Five (5), Six (6), Seven (7), Eight (8),
<br />Nine (9), Ten (10), Eleven (11) and Twelve (12) as shown on the recorded plat of
<br />William S. Anderson's Subdivision of Lot Numbered Forty (40) in Denniston and
<br />Fellows' Addition to the City of South Bend, in St. Joseph County, Indiana, together
<br />with the vacated East -West alley between Lots Numbered Nine (9), Ten (10), Eleven
<br />(11) and Twelve (12), on the North side, and Lots Numbered Three (3), Four (4), Five
<br />(5), Six (6), Seven (7) and Eight (8) on the South side, together with the vacated
<br />North -South alley lying between Lots Numbered Six (6) and Seven (7) and together
<br />with the vacated North -South alley lying between Lots Numbered Five (5) and Six (6);
<br />excepting the South Forty (40) feet of Lots Numbered Seven (7) and Eight (8).
<br />be designated as an Economic Revitalization Area under the provisions of Indiana
<br />Code 6 -1.1- 12.1 -1 et seq. and South Bend Municipal Code section 2 -76 et seq.; and
<br />WHEREAS, the Department of Economic Development has concluded an investigation
<br />and prepared a report with information sufficient for the Common Council to
<br />determine that the area qualifies as an Economic Revitalization Area under Indiana
<br />Code 6 -1.1- 12.1 -1, et. seq. and South Bend Municipal Code section 2 -76, et. seq.,
<br />and has further prepared maps and plats showing the boundaries and such other
<br />information regarding the area in question as required by law; and
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